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Question:

Office furniture sofa counter is fixed assets

Office furniture sofa counter is fixed assets

Answer:

Yes, as office furniture is included in fixed assets, office furniture has a depreciation period of 5 years
Article sixtieth of the new enterprise income tax law, in addition to the provisions of the finance and taxation authorities under the State Council, the minimum period for calculating the depreciation of fixed assets shall be as follows:(a) housing and buildings for 20 years;(two) aircraft, trains, ships, machinery, machinery and other production equipment for 10 years;(three) appliances, tools, furniture and so on related to the production and operation activities, for 5 years;(four) aircraft, trains, ships and other means of transport for 4 years;
A fixed asset is a tangible asset that has the following characteristics:First, for the production of goods, services, rental or management:Second, the service life exceeds an accounting year.

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